Pending Listing

6, 620 1 Avenue NW

6, 620 1 Avenue NW, Airdrie

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$325,000Price
794Sq Ft

Are you an Investor or a group of investors? Here’s a proven opportunity, with an active Two-year lease, Triple Net with a long-term tenant in place.

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Are you an Investor or a group of investors? Here’s a proven opportunity, with an active Two-year lease, Triple Net with a long-term tenant in place. The rate of return for this investment is 7.2 percent $23,463.96/$325,000 The Land Use is M3 Downtown Core Mixed Use District, which allows for many opportunities. Ownership of a unit is an investment into tomorrow. This is a professionally well-managed condo complex. The possession can be immediate should you be willing to assume the tenancy of the Two-year lease that is Triple Net. Don’t miss this one, call your Realtor today, as all showings are by appointment

Specifications

Property Details

Property TypeCommercial
Property SubtypeMixed Use
StructureFive Plus
Transaction TypeFor Sale
Living Area794 sq ft
Building Area794 sq ft
Lot Size981 sq ft
Lot Acres0.0200
Year Built2006
ConstructionComposite Siding,Mixed,Wood Frame
FoundationPoured Concrete,Slab
Lot FeaturesCity Lot,Irregular Lot,Landscaped,Low Maintenance Landscape,Near Golf Course,Near Public Transit,Near Shopping Center,Paved,Street Lighting
Water SourcePublic
SewerPublic Sewer
Building NameWillow Brook Business Park
Annual Taxes$3,925 (2025)
Tax Assessment$341,000
ZoningM3 Downtown Core Mixed Us
PossessionNegotiable,Other/See Remarks
Occupant TypeTenant
Title / LandFee Simple
InclusionsNone
Days on Market35
ListedFebruary 5, 2026
NeighbourhoodDowntown
MLS NumberA2284241
The Location

Downtown

6, 620 1 Avenue NW, Airdrie, Alberta, T4B 2R3

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of CIR Realty.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $3,925. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Pending. MLS A2284241. Listed February 5, 2026. Listed by CIR Realty.

Interested in this property?

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this exceptional listing.

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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data last updated: March 18, 2026.